REGIONAL OFFICES

Since coming to Hines in 1998, Tom D'Arcy has provided regional leasing and marketing assistance at the General Motors Global Headquarters in Detroit; the Huntington Center in Columbus, Ohio; and 2525 West End (a mixed-use development) in Nashville. As a manager, he was responsible for the leasing and marketing of the Chicago-area office portfolio, including the 1.3 million-square-foot Three First National Plaza building; the 850,000-square-foot 303 East Wacker building; the 650,000-square-foot 225 West Wacker building; and the 118,000-square-foot 29 North Wacker building – all in Chicago; as well as the 600,000-square-foot Woodfield Preserve Office Center in Schaumburg, Illinois; the 1.6 million-square-foot Woodfield Corporate Center; and the 1.2 million-square-foot Chancellory Business Park in Itasca, Illinois. Prior to joining Hines, Mr. D’Arcy was managing director at Insignia Financial Group, where he led the repositioning and leasing of the 1.3 million-square-foot, 65-story 311 South Wacker Drive office tower in Chicago. Additional Insignia responsibilities included business development for its commercial property group and corporate transaction work. A graduate of Kenyon College, he received a Bachelor of Arts in Political Science in 1982.

Since joining the firm in 1989, Tom Danilek has developed, renovated, acquired and/or disposed of more than 10 million square feet of commercial real estate representing approximately $2 billion. He also has extensive experience in development, leasing, marketing, asset management and finance. As project officer, Mr. Danilek was responsible for the development of a 600,000-square-foot mixed-use project in Nashville and the acquisition of the 300,000-square-foot One Lincoln Centre in Oak Brook Terrace, Illinois. Additionally he helped develop Chicago's 130,000-square-foot 29 North Wacker building, the 800,000-square-foot building at 303 E. Wacker Drive, the 650,000-square-foot 225 West Wacker Drive, and the 800,000-square-foot Quaker Tower. He also directed the disposition of the 170,000-square-foot 140 East Town Street in Columbus, Ohio, and the 375,000-square-foot Unisys Center in Lombard, Illinois. Mr. Danilek assisted in the development of 191 North Wacker in Chicago (720,000 square feet) and Comerica Tower at One Detroit Center (1 million square feet). He also assisted in the acquisition of the Homart Portfolio consisting of 17 buildings and comprising 5 million square feet of space. Mr. Danilek received a Bachelor of Science in Mechanical Engineering from the University of Michigan in 1985. He earned his Master of Business Administration, Finance, from Columbia University in 1989.

David McGinnis has been involved in all phases of development and management of more than 10 million square feet of commercial real estate representing approximately $2 billion since joining Hines in 1981. He was significantly involved in the refinancing efforts for the Three First National Plaza in Chicago and the One Norwest Center in Denver, both 1.3 million square feet. As project officer, Mr. McGinnis was in charge of developing the 1 million-square-foot Comerica Tower at One Detroit Center and the 700,000-square-foot Fifty South Sixth Street building in Minneapolis. He also acquisitioned the 1.4 million-square-foot 225 South Sixth (formerly U.S. Bank Place) in Minneapolis, and supervised the 750,000 square-foot redevelopment of Union Station in Kansas City, Missouri. As a co-project officer, Mr. McGinnis was responsible for the 5 million-square-foot redevelopment of the Renaissance Center in Detroit and the development of the 1 million-square-foot Union Pacific Corporation headquarters in Omaha. He received his Bachelor of Science in Accounting from Trinity University in 1973 and his Certified Public Accountant license in 1975.

C. Kevin Shannahan is the managing principal responsible for the development and asset management of projects across the Midwest and Southeast Regions of the United States and for new activities throughout South America and Canada (excluding Vancouver). He is also a member of the Hines Executive Committee. Since joining Hines in 1982, Mr. Shannahan has been involved in all phases of the development and management of over 70 million square feet representing in excess of $10 billion. He was responsible for expanding joint Midwest/Southeast Regions from a base of 7 million square feet and 100 employees beginning in 1990, to 70 million square feet and over 900 employees today. He also led expansion of the Midwest/Southeast product line from a CBD office core competency to encompass suburban office, mixed use, hotel, residential and land development components. Mr. Shannahan was responsible for founding the South America Region in 1998 and the Canadian Region in 2004, resulting in landmark office, industrial and residential products. He also created the first successful master planned land development model for the firm. In 1978, Mr. Shannahan graduated from Cornell University with a Bachelor of Science degree in Mechanical Engineering and, in 1982, received his Master of Business Administration degree from Harvard Graduate School of Business.

Greg Van Schaack joined Hines in 1985 and has since been active in establishing new development and management opportunities throughout the Midwest. As project officer, he has overseen the development of numerous buildings in the Chicago area including: One South Dearborn, a 825,000-square-foot, 40-story office tower located in the Loop Central Business District; Takeda Pharmaceuticals North America Corporate Campus in Deerfield, a two-building 400,000-square-foot project with infrastructure for three additional buildings; 540 West Madison, a 1.3 million-square-foot high-technology office tower in Chicago's West Loop; 191 North Wacker in downtown Chicago, a 740,000-square-foot, 37-story office building; Woodfield Preserve Office Center in Schaumburg, Illinois, a 220,000-square-foot building. Current projects include 300 North LaSalle, a 1.3 million-square-foot, 60-story office high-rise located at LaSalle Street and the Chicago River; and River Point, a 50-story, 1.1 million-square-foot office tower with an adjacent 200-room boutique hotel also located on the Chicago River at Lake Street. Mr. Van Schaack is an advocate for green building in Chicago. LEED certifications have been awarded to 540 West Madison, One South Dearborn and Takeda, and are anticipated for 300 North LaSalle and River Point. Mr. Van Schaack serves on the Board of Directors for the Chicago Chapter of the U.S. Green Building Council. He received his Bachelor of Arts in Business Administration from Colorado College in 1979.

Chuck Watters joined Hines in 1989 and has been involved in a variety of development projects and transactions aggregating more than 9.5 million square feet. He was responsible for the development of the 1.2 million square-foot Bear Stearns Headquarters building at 383 Madison Avenue in Midtown Manhattan and redevelopment of the 5.5 million-square-foot GM Headquarters complex at the Renaissance Center in Detroit. Mr. Watters also directed the disposition of a 750,000-square-foot lab/office complex on 270 acres in Westchester, New York, on behalf of United Bank of Switzerland, and contributed to the national effort resulting in the acquisition of the Homart Office Portfolio comprising 4.5 million square feet. As project manager, he was responsible for contributing to the development, construction and marketing of the 1 million-square-foot 450 Lexington in Midtown Manhattan, and was also responsible for operation of 53rd At Third (586,000 square feet) and Ten Bank Street (219,000 square feet). Mr. Watters earned a Bachelor of Arts in History from Colgate University in 1977 and a Master of Business Administration from Columbia University in 1982.